Michigan Strategic Fund Board Board Meeting
The Board discussed various incentive packages and amendments, including a Transformational Brownfield Plan incentive package for a project in Sterling Heights, and 15-year extension and Renaissance Zone designations for businesses in Pontiac and Norton Shores. Additionally, they approved the FY 2026 Match on Main Program funding round and a performance-based grant for the Innovation Alliance. The Board also addressed amendments for multiple Community Revitalization Program loan agreements, including extensions and adjustments to terms for The Corner Lender, LLC and Bridge and Turner, LLC. Finally, the Board approved the transfer of unused funding from the 2020 Business Accelerator Fund to the 2026 program to support increased demand.
